Zoom Marketing Oils, a rapidly growing energy company in Pakistan with the second-largest storage capacity located in Machikey, Sheikhupura, is seeking an Accounts Executive to join its Finance team at the Gulberg II, Lahore office. The company supplies a wide range of petroleum products including diesel, kerosene oil, ultra-furnace, super plus, and lubricants, in partnership with the ADNOC Group. This role is essential for maintaining accurate financial records, ensuring tax compliance, and supporting overall financial operations. Immediate joiners with salary expectations between PKR 80,000 to 90,000 are preferred.
Key Responsibilities:
- Financial Accounting & Bookkeeping: Record and reconcile daily sales, purchases, and inventory transactions related to petroleum products. Maintain general ledger and sub-ledgers, ensuring accurate journal entries. Prepare and post vouchers for bank, cash, and intercompany transactions.
- Accounts Payable & Receivable: Manage vendor invoices, GRNs, and process payments within agreed credit terms. Follow up on customer receivables, reconcile customer ledgers, and ensure timely collections. Coordinate with supply chain and operations teams for invoice verification.
- Taxation & Compliance: Ensure accurate recording and filing of GST, income tax, and withholding tax deductions. Assist in preparing tax returns and ensure timely submission to relevant authorities. Maintain compliance with SECP and FBR regulations.
- Bank & Cash Management: Perform daily reconciliation of bank accounts and fuel station cash flows. Monitor cash positions and assist treasury functions as needed.
- Inventory & Depot Accounting: Track inventory movements of fuel and lubricants from terminals to retail outlets. Reconcile inventory balances and depot closing reports with system records.
- Monthly Closings & Reporting: Support monthly, quarterly, and annual financial closings. Prepare financial reports such as trial balance, profit & loss statements, balance sheets, and cash flow reports. Assist with internal and external audit processes.
- ERP System Usage: Operate financial modules within ERP systems (e.g., SAP, Oracle, or customized Oil Marketing Company systems). Ensure data accuracy and integrity in all financial entries.
Required Qualifications:
- Bachelor’s or Master’s degree in Accounting, Finance, or Commerce.
- 2 to 3 years of relevant accounting experience. Experience in the Oil & Gas sector or FMCG is an advantage.
Candidates who meet the salary expectations and are available for immediate joining are strongly encouraged to apply. This role offers the opportunity to work with a prominent energy company committed to high standards of safety, quality, and customer service.